How much is an Indian motorcycle franchise?

Is Indian motorcycle a franchise?

DOES INDIAN MOTORCYCLE CHARGE A FRANCHISE FEE? Indian Motorcycle does not charge a franchise fee. All of our dealers are independent business owners. Each dealer operates under an agreement to retail and service Indian Motorcycle products.

Where is the largest Indian Motorcycle dealership?

Florida and the World’s largest Indian Motorcycle® Inventory! Built in 2014, Indian Motorcycle® Daytona Beach became the World’s largest Indian Motorcycle® dealership.

How much does it cost to start a Harley Davidson dealership?

To become a dealer of the Harley-Davidson Motor Company, you must reach the minimum financial requirements. This is to guarantee the capability of the applicant to sustain and improve the business. In general, a minimum $600,000 of liquid asset and $1 million net worth are required to pass the financial requirement.

Are Indian Motorcycles selling well?

100 Years ago, Indian was the best-selling motorcycles brand world-wide and the annual record sales is estimated at over 50.000 units. In this century, the record was established in the 2017 with over 30.000 units sold, before to decline in the 2018, when sales in US fell by over 5k, and in the 2019.

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Is Indian better than Harley?

Unsurprisingly, the Indian offers greater performance than the Street Glide in terms of ride and handling as well, with superior suspension and brakes, and a sportier all-around ride. At the same time, they’re both a blast to ride. For some people, ultimate performance is important, for others, not so much.

Are Indian Motorcycles 100% American made?

Indian Motorcycle is owned by Polaris Industries and Polaris has a factory in Opole, Poland where it makes some of its off-road vehicles. … As of this writing, Indian Motorcycle still does all of its production in the U.S. which is a point of pride for many of its riders and employees.

How much is motorcycle insurance per month?

How Much Does Motorcycle Insurance Cost in California? In California, you can expect to pay just over $200 per year (or $16-17 per month) for a motorcycle that’s been paid off. However, if you have a brand-new bike, full coverage can creep up to nearly $2,000 per year, or $166+ per month.

Are Indian Motorcycles American made?

In the U.S., Indian Motorcycles are assembled in Spirit Lake, Iowa, with engines assembled in Osceola, Wis.

Where are Indian motorcycles built?

Today, the tradition of premium craftsmanship in American manufacturing lives on at the Indian Motorcycle factory in Spirit Lake, IA; the home of Indian Motorcycle and the birthplace of each new bike we make.

Are motorcycle dealers profitable?

Top dealers averaged $5,700 in parts and accessory sales per unit sold in 2016 with a 38 percent profit margin, says Thomas. … Many Harley dealers still don’t put much focus on pre-owned sales, where profit margins are 18 percent or more.

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How much does a Harley salesman make per bike?

Their commission is 150.00 per bike and that means they make the same commission on a used piece of junk or a 30K new HD. Keeps everyone on a level playing field and no customer gets ignored.

Do motorcycle dealerships make money?

They tend to make their money on service, apparel, parts, and accessories (anywhere from paying a tech 15 bucks and charging you 100 to a markup of 100% on parts/accessories.)

Do Indian motorcycles hold their value?

By brand, according to data compiled by the Kelley Blue Book Official Motorcycle Guide, Harley-Davidson motorcycles retained an average of 84% of their value over a five-year period. BMW was not far behind, at 81%, with Indian, Ducati and Triumph trailing slightly at 77%, 73% and 72%.

Is Indian Motorcycle going out of business?

The Gilroy, California company announced it would shut its doors on Friday, September 19, 2003, after failing to obtain necessary financing to continue operations. The announcement comes 50 years after the first Indian Motorcycle company ceased operations and five years after the current entity was created.

What is the best Indian motorcycle?

The 20 Best Indian Motorcycle Models in the Last 5 Years

  • 2016 Indian Chief Vintage.
  • 2016 Indian Chief Dark Horse. …
  • 2017 Indian Chieftain Dark Horse. …
  • 2018 Indian Roadmaster Classic. …
  • 2019 Indian FTR 1200. …
  • 2017 Indian Scout Bobber. …
  • 2019 Indian Chief Dark Horse. …
  • 2019 Indian Chieftain Limited. The redesigned Chieftain Limited looks as beautiful as it performs. …
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